The UST stablecoin plunged below its intended $1 peg in May, causing panic in the crypto market. Gabby Jones | Bloomberg | Getty Images Backers of Terra have approved a plan to revive the failed cryptocurrency venture — without the controversial stablecoin that helped trigger its stunning demise two weeks ago. “With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community,” Terra’s official Twitter account posted Wednesday. The proposal would lead to the creation…
Day: May 25, 2022
Singapore venture firm launches $100M Web3 and metaverse fund
Crypto-focused venture firm NGC Ventures has launched a new ecosystem fund dedicated to Web3 projects, underscoring heightened investor demand for startups that are contributing to the development of a decentralized internet. NGC Metaverse Ventures, the company’s third blockchain fund, raised $100 million from investors that included Babel Finance, Huobi Ventures, Nexo Ventures, Altonomy and GBIC. The fund will allocate capital towards “high-potential projects” in the Web3 economy, according to Roger Lim, NGC Ventures’ general partner. The Web3 fund has already invested in three startups, NGC disclosed on Wednesday. Based in…
Early Solana Investor NGC Ventures Raises $100M for Web 3-Focused Fund
Crypto-focused venture capital fund NGC Ventures has raised $100 million for its third blockchain fund. Source
Celestia Launches Testnet for First Modular Blockchain
The project – backed by venture firm NFX, Cosmos developer Zaki Manian and a handful of others – believes its tech could put an end to the “monolithic era” of layer 1 competition, providing a solution that is ultimately more sovereign and scalable for mass adoption, according to a press release. Source BlockchainCelestiaLaunchesModularTestnet CryptoX Portal
Celestia Launches Testnet for First Modular Blockchain Network
The project – backed by venture firm NFX, Cosmos developer Zaki Manian and a handful of others – believes its tech could put an end to the “monolithic era” of layer 1 competition, providing a solution that is ultimately more sovereign and scalable for mass adoption, according to a press release. Source link
First Mover Americas: Bitcoin Struggles to Hold $30K Ahead of Fed Minutes
The latest moves in crypto markets in context for May 24, 2022. Source
Crypto is changing how humanitarian agencies deliver aid and services – Cointelegraph Magazine
The primary use case for cryptocurrency in most wealthy countries is acquiring it and holding it, trading it, or using it in various other ways to make more money. In the developing world, where access to financial and banking systems is limited or nonexistent, innovative humanitarian organizations are piloting micro-blockchain ecosystems. In the summer of 2021, Hope for Haiti was ready to launch a cryptocurrency pilot program to provide 150 mothers with cellphones, digital wallets and payment cards that use near-field communication technology. Each mom participating in its community nutrition…
Is Bitcoin’s sorrow gamers’ joy?
The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially considering what GPU prices looked like just a year ago. For instance, the price of a GPU from Nvidia GeForce RTX 30-series is 14% over its MSRP, according to reports from 3D Center. Whereas AMD’s Radeon RX 6000 is up 7% from its MSRP from April 17 and May 8. On the other hand, it…
Elon Musk ชะลอซื้อ Twitter, USDT, CoinBase กับข่าวลือที่ต้องจับตา📊
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Elon #USDT #CoinBase Elon 0:54 USDT 4:51 COINBASE 8:33 _______________________________ ลิงค์สมัคร Kucoin ***คำเตือน : เนื้อหาและการนำเสนอข้อมูลต่างๆมีจุดมุ่งหมายเพื่อให้ข่าวสารเกร็ดความรู้และความบันเทิงเท่านั้น มิได้มีจุดมุ่งหมายในการแนะนำ ชักชวน หรือให้คำปรึกษาด้านการลงทุนใดๆทั้งสิ้น ขอบคุณครับ🙏 ***Disclaimer : This Video and its contents are for informational, public awareness and entertainment purposes only! I am NOT a Financial or Legal Expert. Thank you 🙏 คำเตือน! ระวังการแอบอ้างช่อง DuuTorPai ในแพลตฟอร์มอื่นๆเพื่อชวนลงทุน สมัครสมาชิก หรือขายคอร์สต่างๆ เพื่อนๆระวังด้วยครับ ช่องนี้มีแพลตฟอร์มเดียวคือทางยูทูปครับผม 🙏 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
CoinDesk Confidential: Jesse Johnson
The Proust Questionnaire – an old-style magazine format popular in the French novelist’s day – asks a series of personal, philosophical and prosaic questions that, in theory, present a side of a person not often seen. Here, Jesse Johnson, the founder behind Aavegotchi, a community-owned blockchain game, reveals something of his “true nature” and the crypto industry. Johnson is a speaker at CoinDesk’s Consensus festival this June. Learn more here. Source